Ella Freidus v. First National Bank of Council Bluffs, a National Banking Corporation

WOLLMAN, Circuit Judge.

Ella Freidus appeals from the district court’s 1 judgment entered upon a jury verdict in favor of the First National Bank of Council Bluffs, Iowa, in Freidus’ diversity suit for breach of contract. We affirm.

I

In 1987, Freidus, a resident of New York, purchased farm land in South Dakota from the bank on a contract for deed. In the summer of 1988, the bank commenced foreclosure because Freidus’ annual payment was late. The parties settled the foreclosure action in March 1989. The settlement stipulation increased the interest rate on the contract from 7% to 8.5% and…